Numerous Indian casinos have problems near where I live. A few do pretty well, have good management and are close-er in to population centers. Some are nothing more than an open door to a building in the most remote part of the state possible, with a marquee you can see from space and takes three farking hours to get to. Ya can't pay your dealers $20 an hour if you're only bringing in 8. Someone is going to lose. But I'm one of those types that go to Vegas for other shiat to do than gamble. I play the nickel slots with the grannies just for the free beer. I'm a cheap bastid gambler, so no help from me for the casino to cover that loan. Rides on the Stratosphere? Well, there you might separate me from my money.

Imperialism:Haven't been to the Revel. Pretty much everyone seems to say "yeah, it's nice, but I'll still just go to the Borgata."

Been to both pretty recently. I like the layout of the Borgata better than Revel, but it's easier to breathe in Revel (it's non-smoking.) I also don't think they have a poker room at Revel, but I may have missed it.

My casino preferences only extend to how much money I've walked away with from one. Borgata wins that one in a landslide.

So the model that Atlantic City should be following for the future is a giant clusterfark that will inevitably end up costing taxpayers money somehow? Is this what they're teaching in business schools?

heavymetal:Just have them do what Donald Trump does, declare bankruptcy. I am sure all the people who matter already got theirs, that's why it is $1.3 billion in debt. Now let the banks divide what's left.

You must have noticed that nobody actually party to the casino, its operations, or the moneyholding organizations surrounding it were quoted or sourced in any way as well. It's a writer for a casino business magazine pontificating about what might happen, or what may have caused the losses.

Nobody important or party to this will lose a cent out of their own pockets as a result of this "failure."

"Revel is the model that Atlantic City needs to go after if it wants to survive as a city"

How about diversifying into some other industries? There's got to be something that all those unemployed people can do.

AC is terrible. The Casinos have given nothing back to the community, or if they have, it's been purloined by the municipal government. Block after block of dilapidated houses, one block from the beach that should be worth millions yet are all crack dens. People all over the sidewalks all day with nothing to do and nowhere to go...

All this surrounded by shiny neon casinos and some of the most beautiful salt marshes in Jersey.

Mateorocks:I also don't think they have a poker room at Revel, but I may have missed it.

It's one level up from the casino floor. I stumbled across it while looking for the restaurants.

H31N0US:"Revel is the model that Atlantic City needs to go after if it wants to survive as a city"

How about diversifying into some other industries? There's got to be something that all those unemployed people can do.

AC is terrible. The Casinos have given nothing back to the community, or if they have, it's been purloined by the municipal government. Block after block of dilapidated houses, one block from the beach that should be worth millions yet are all crack dens. People all over the sidewalks all day with nothing to do and nowhere to go...

All this surrounded by shiny neon casinos and some of the most beautiful salt marshes in Jersey.

Mateorocks: I also don't think they have a poker room at Revel, but I may have missed it.

It's one level up from the casino floor. I stumbled across it while looking for the restaurants.

If you want to gamble and get drunk and not lose much money, play baccarat and bet the bank every hand, or play craps and just bet the pass line, or just play black/red on a single zero roulette wheel. All have very low house advantages. They're also very boring ways to gamble, but they take no thought and are low risk.

H31N0US:AC is terrible. The Casinos have given nothing back to the community, or if they have, it's been purloined by the municipal government. Block after block of dilapidated houses, one block from the beach that should be worth millions yet are all crack dens. People all over the sidewalks all day with nothing to do and nowhere to go...

And all the old ladies in Philly who just want to play slots for 9 hours in a row don't have to go to AC any more. I think AC is headed for some serious bad times. It's not bawdy enough to grab the Vegas crowd, and the hardcore gambling addicts from Philly and NYC have closer destinations now. There are definitely some customers in the middle of those two groups but I don't know if there's enough to support the number of casinos they have.

johnny queso:So the model that Atlantic City should be following for the future is a giant clusterfark that will inevitably end up costing taxpayers money somehow? Is this what they're teaching in business schools?

I would say so, after seeing how the Bush administration treated the banks, it seems to be all about Socialized Risk and Privatized Profit these days.

you have pee hands:And all the old ladies in Philly who just want to play slots for 9 hours in a row don't have to go to AC any more.

Pennsylvania's gambling revenue dwarfs ACs these days. AC still has the beach, but if all you want to do is lounge around in a windowless, clockless basement full of lights and a cacophony of bells and buzzers, then you don't have to go to AC.

Incontinent_dog_and_monkey_rodeo:If you want to gamble and get drunk and not lose much money, play baccarat and bet the bank every hand, or play craps and just bet the pass line, or just play black/red on a single zero roulette wheel. All have very low house advantages. They're also very boring ways to gamble, but they take no thought and are low risk.

In that case, I'd pass. That's boring. I like a "game" if I pay into it, I'd just like the entertainment to not cost me a year's salary. Entertainment cost vs. benefit ya know. Strippers and booze from 7-11 and my own personal "hangover" experiment will do. At least give back to the people.

you have pee hands:H31N0US: AC is terrible. The Casinos have given nothing back to the community, or if they have, it's been purloined by the municipal government. Block after block of dilapidated houses, one block from the beach that should be worth millions yet are all crack dens. People all over the sidewalks all day with nothing to do and nowhere to go...

And all the old ladies in Philly who just want to play slots for 9 hours in a row don't have to go to AC any more. I think AC is headed for some serious bad times. It's not bawdy enough to grab the Vegas crowd, and the hardcore gambling addicts from Philly and NYC have closer destinations now. There are definitely some customers in the middle of those two groups but I don't know if there's enough to support the number of casinos they have.

We DC gamblers have multiple closer options too now and even more when PG county finishes the new one in 2015. Woohoo!

fanbladesaresharp:Numerous Indian casinos have problems near where I live. A few do pretty well, have good management and are close-er in to population centers. Some are nothing more than an open door to a building in the most remote part of the state possible, with a marquee you can see from space and takes three farking hours to get to. Ya can't pay your dealers $20 an hour if you're only bringing in 8. Someone is going to lose. But I'm one of those types that go to Vegas for other shiat to do than gamble. I play the nickel slots with the grannies just for the free beer. I'm a cheap bastid gambler, so no help from me for the casino to cover that loan. Rides on the Stratosphere? Well, there you might separate me from my money.

I often wonder what those casinos are doing out in the middle of nowhere. Then it hit me. They are probably laundering the meth income.

H31N0US:"Revel is the model that Atlantic City needs to go after if it wants to survive as a city"

How about diversifying into some other industries? There's got to be something that all those unemployed people can do.

AC is terrible. The Casinos have given nothing back to the community, or if they have, it's been purloined by the municipal government. Block after block of dilapidated houses, one block from the beach that should be worth millions yet are all crack dens. People all over the sidewalks all day with nothing to do and nowhere to go...

All this surrounded by shiny neon casinos and some of the most beautiful salt marshes in Jersey.

Mateorocks: I also don't think they have a poker room at Revel, but I may have missed it.

It's one level up from the casino floor. I stumbled across it while looking for the restaurants.

======================

You have not idea just how far back the rot goes.....all the way to 1976 when gambling was approved in AC actually.

I was in grade school when casino gambling was approved in AC. The hype was that anyone who got in on the ground floor would get rich. My father's friend tried to talk my father into opening up a restaurant near the board walk. I recall making the trip down to AC with my dad to check the place out. Even as a grade school kid I thought AC was a disgusting shiat-hole. I don't know what my father learned on that trip.....he never said......but my dad refused to put any money into any AC schemes. My father's friend decided to go it alone......he lost every penny and his house went into foreclosure.

It's too bad that Sandy didn't send AC off to the same place as Atlantis.